The Briefing Room
General Category => Economy/Business => Topic started by: thackney on March 04, 2020, 03:09:37 pm
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5 Video Conferencing Stocks to Ride on Coronavirus Commotion
https://finance.yahoo.com/news/5-video-conferencing-stocks-ride-141802231.html
...The most recent cancellation is Adobe Summit 2020, which is now set to be held in online-only format. Per Reuters, NVIDIA also called off the in-person portion of its annual user conference scheduled for Mar 22-26. The company will now hold the conference online.
Further, Alphabet GOOGL division Google and Microsoft MSFT recently cancelled their Cloud Next and MVP Summit, respectively, due to the coronavirus outbreak. Notably, American authorities confirmed nearly 100 coronavirus cases and six deaths in the United States, according to The New York Times.
Both Google and Microsoft now expect to make their respective conferences into digital-first events, per The Verge.
Video Conferencing Providers in Focus
Travel restrictions and the growing preference for online-mode conferences bode well for companies like Microsoft, LogMeIn LOGM, Google, Zoom Video ZM and RingCentral RNG....